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Simple Touch Footwear
Simple Touch Footwear, an American company that specializes in manufacturing shoes for women, has been producing shoes in the United States and selling them in foreign countries. Carla, the company's operations VP, feels that they should purchase a company in India to produce and market shoes to the Asian market. Carla argues that Simple Touch Footwear can get all the necessary personnel from headquarters to run the Indian operation so that tight control can be maintained. However, Nataryan, the marketing director born in India, argues that given the cultural differences, the company should hire only Indian nationals for the Indian subsidiary. Jerry, the company CEO, feels that Simple Touch Footwear should evolve into a company with a more geocentric attitude by hiring and developing the best people from all over the world.
-Refer to Simple Touch Footwear. Nataryan's attitude toward international operations can be described as
Annuity
A financial product that pays out a fixed stream of payments to an individual, typically used as an income stream for retirees.
Tax-Free
Income or financial transactions that are exempt from taxation by the government.
Contract Holder
An individual or entity that owns an agreement or policy, particularly in contexts like insurance or investments.
AGI
Adjusted Gross Income, which is total income minus specific deductions, serving as a determinant for various tax credits and deductions.
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